Radisson Mining Resources Announces General Meeting Election Results

ROUYN-NORANDA, QUEBEC--(Marketwired - Jun 10, 2014) - Radisson Mining Resources inc. (TSX-VENTURE:RDS) (Radisson or the Corporation) is happy to announce that the two candidates designated in the management proxy circular dated May 2nd 2014 were elected to the Corporation's Board of Directors during the shareholders' annual meeting held in Rouyn-Noranda on June 6th 2014.

The shareholders were represented in person or by proxy by 32,077,640 category A shares, or 41.37% of the 77,535,762 outstanding category A shares.

Taking into account the proxies received and the votes cast by show of hands, the following persons were elected to the Corporation's Board of Directors for the next year. The election results are shown below:

For For (%) Abstention Abstention (%)
Paul Cregheur 26,231,548 98.27 463,107 1.73
Jean-Marie Dupont 26,277,678 98.44 416,977 1.56

The proposal to name Deloitte & Touche S.E.N.C.R.L. as the Corporation's independent auditor as described in the management proxy circular was adopted by the shareholders.

After the annual meeting, the Board of Directors named the Corporation's officers:

  • Mario Bouchard, Chairman and Chief executive director
  • Donald Lacasse, Vice-president, Corporate Secretary and Chief of financial operations

Granting of Stock Options

Radisson Mining Resources, in compliance with the Corporation's stock option plan, has granted incentive stock options making it possible for six of the seven directors to purchase up to 510,000 of the Corporation's category A shares. These options can be exercised over a five year period that is to say until June 6th 2019, at $0.10 per share.

The TSX Venture Exchange and its supplier of regulatory services (according to the definition of this term in the TSX Venture Exchange policies) accept no responsibility concerning the relevance or the accuracy of this release.

Radisson Mining Resources Inc.Mario BouchardPresident and Chief executive director819 277-6578mbouchard@radissonmining.comwww.radissonmining.comRadisson Mining Resources Inc.Donald Lacasse, eng.Vice-president, Corporate Secretary andChief of financial operations819 797-0606dlacassse@radissonmining.com

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